Novavax NVAX Message Board

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Biotech / Medical : Novavax NVAX

NVAX 7.910

-5.8%

Nov 3 3:59 PM EST

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To: diddlysquatz who wrote (50)	7/29/2009 5:43:01 AM
From: Rock_nj	Read Replies (1) of 166

NVAX is a very volatile stock. I have been in it since late April, and it makes huge up and down swings. The one thing that has changed in the past week is that dips are now being brought not sold. Yesterday it dipped below $4 and instead of causing a selloff into the mid $3s, as it would before, it was met with buying and the stock closed slightly higher for the day. It looks strong. Primed for news from the company. The thing that changes the equation for NVAX is that the company has paid off all of their debt and for the first time in a long time the company is looking at some substanial revenues coming in the door. This should lead to analyst upgrades and a higher valuation.

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